Simple - same as why I can't invest at the moment.
Tivan was suspended from the ASX as they couldn't obtain funding to continue trading in time to submit the yearly report.
Without many many things going right, Tivan will be in exactly the same boat when the next (already mentioned by GW) CR is needed.
Tivan needs a plan, and to stick to it.
Fluorite offtake agreement, proof that the mine and plant can be built from second-hand equipment for $150 million (as per GW) and that funding in the form of Govt grants is available this time around.
Jumping from resource to resource isn't what's needed at this time. Stability and a well thought out and funded plan is the way forward, and whilst GW's passion and need to communicated every single thing was a positive, that's changed, as more and more GW is coming across like a used car salesman.
People should take note that MULTIPLE posters have commented on the negative effect those (usually superfluous) tweets are having.
Make a plan, stick to it and get it funded.
Or next CR, Tivan will be in the same pickle as last time.
I really want to invest - but I cannot put my $$ into a company that was suspended from the ASX for an inability to raise funding - until the company shows they have a set-in-stone plan forwards with partnerships in place to secure guaranteed funding.
That hasn't happened yet, so the investors stay away.
Sorry.
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